CoRenewal
Nonprofit profile at a glance
- EIN
- 454660185
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024, Form 990-N 2021
- Location
- Cathedral City, CA, USA
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Environmental Education and Outdoor Survival Programs
Reported finances
- Revenue
- $18,134
- Expenses
- $99,814
- Assets
- $38,376
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Brendan Obrien (CEO)
People named in this filing
- Brendan Obrien (CEO)
- Aishwarya Veerabahu (Secretary)
- Jennifer Franklin (CFO)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
CoRenewal (formerly known as Amazon MycoRenewal Project) is a 501(c)3 nonprofit organization dedicated to providing education and research in ecosystem restoration, health and healing, and sustainable community dynamics. CoRenewal is organized exclusively to conduct these activities: facilitate research, development, and implementation of solutions supporting ecosystem resilience; evaluate and ameliorate the impacts of environmental quality on individual and community health; engage in education, career-building, and research-oriented programs pertaining to ecology and sustainable community development.
What it reported doing in 2024
Education and community engagement. Formed the Rhizoids Communication Network. Conducted organizational development research with SEED Consulting Group, offered an anti-oppression training with AORTA, and engaged with affected community health practitioners and community members faced with environmental pollution. Presented at national and regional conferences. Offered seminars and webinars. Held an in-person retreat. Developed website for Fire Ecology research. Distributed educational materials, art bundles, and thank you gifts to volunteers and donors. Hosted seven educational work parties.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 15
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.8%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -450.4%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -28.3% per year; rating input score 0; 14th percentile among comparable filings
- Revenue growth: -132.2% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -77.5% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $100K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.